Level: Intermediate
Why you need this course:
After completing this course, you’ll be able to review a commercial property policy and determine the policy provisions applicable to a loss.
Upon successful completion of this course, you should be able to:
- Describe the various parties, interests, and types of property that may be insured under the Building and Personal Property Coverage Form (BPP), and apply this knowledge to claim situations.
- Distinguish between the Basic Form, Broad Form, and Special Form in terms of covered property, covered causes of loss, exclusions, and additional coverages, and apply these coverages to claim situations.
- Describe the various additional coverages and coverage extensions in the BPP, and apply them to claim situations.
- Apply policy conditions and loss settlement conditions to a loss.
- Describe the purpose of the Difference in Conditions policy.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Commercial Property Policies Loss Adjusting Topics Include:
- The parties, interests, and types of property that may be insured under the Building and Personal Property Coverage Form (BPP) and how to apply this knowledge to claim situations
- The difference between the Basic Form, Broad Form, and Special Form in terms of covered property, covered causes of loss, exclusions, and additional coverages, and how to apply these coverages to claim situations
- Various additional coverages and coverage extensions in the BPP and how they apply to claim situations
- Policy conditions and loss settlement conditions
- The purpose of the Difference in Conditions policy
Additional Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
